The Norwegian government has maintained a policy of sustained involvement in financial markets following an economic crisis in the late 1980s – triggered by bad banking, weak market discipline and insufficient regulation. The mechanisms adopted by the Norwegian government to combat the 1980s recession have placed the economy in a better position to endure the current economic crisis than many other EU countries. Despite this, the Norwegian government is predicting a weakening of the economy in 2009 and is taking comprehensive steps to ensure the financial markets remain stable through the global crisis.

Downloads –